The Jammu and Kashmir Bank Limited provides various banking products and services. The company operates through Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business segments. It offers savings, current, salary, pension, and small accounts; and term deposits. In addition, the company provides housing, consumer, education, term, car, coaching fee, personal consumption, and skill loans; festival advances; and laptop/PC, smartphone, school education, modular kitchen, Sahafat, solar equipment, and two-wheeler finance services, as well as cash credit schemes, and loans against gold ornaments and jewellery. Further, it offers commercial vehicle, school bus, passenger bus/mini bus, dastkar, craftsmen, commercial premises, contractor, mini sheep farm establishment, construction equipment, and tourism financing services; Saral financing services to small businessmen; mortgage loans for trade and service sector, loans against property, fair price shop schemes, and start-ups financing services; Karobar cards; guaranteed emergency credit lines; credit guarantee schemes for subordinate debt; asset based agri loans, fruit advances schemes, and Giri finance schemes; and mortgage loan schemes for agricultural produce traders. Additionally, the company provides govt sponsored schemes; life and non-life insurance products; debit, credit, and prepaid cards; and merchant acquiring services. The Jammu and Kashmir Bank Limited was incorporated in 1938 and is headquartered in Srinagar, India.
Metrics to compare | JKBK | Peers Peers - average of corresponding metrics from companies closely matching JKBK: CSBBANK, UJJIVANSFB, UTKARSHBNK, IDBI, BANDHANBNK | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipJKBKPeersSector |
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P/E Ratio | 5.6x | 11.6x | 8.7x | |
PEG Ratio | 0.24 | 0.33 | 0.03 | |
Price/Book | 0.9x | 1.4x | 1.0x | |
Price / LTM Sales | 1.9x | 3.3x | 2.8x | |
Upside (Analyst Target) | 44.9% | 14.2% | 10.2% | |
Fair Value Upside | Unlock | 15.8% | 2.7% | Unlock |